The more I study this, the more I agree with those Wasson interviewed
regarding the outcome. Nothing good, neither politically nor
policy-wise, can come of this effort.

Yes, the plan would raise the debt ceiling, but at what cost?

First of all, I fear McConnell’s motivations for granting this authority
to the White House are less than noble. If pressed, I think McConnell
himself would agree he’s trying to score political points on this and
help his Republican counterparts in the House.

But this fallback plan has no long-term intentions or goals. Like most initiatives coming out of both the House and Senate, it merely kicks the can down the road, all while “sending a message.” We don’t need any more of those types of negotiations.